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Banking Associate Jobs in California (NOW HIRING)

MUFG

Investment Banking Associate

Los Angeles, CA · On-site +1

$170K/yr

Intrepid Investment Bankers is expanding nationally and seeking experienced Investment Banking Associates across our offices for both M&A and Restructuring advisory. Associates work on dedicated ...

Santander

Investment Banking Associate

San Francisco, CA

$175K - $225K/yr

Investment Banking Associate Country: United States of America It Starts Here: Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand ...

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All JobsBanking Associate JobsBanking Associate Jobs in California

Banking Associate information

See California salary details

$26.6K

$139.4K

$306.4K

How much do banking associate jobs pay per year?

As of Aug 16, 2026, the average yearly pay for banking associate in California is $139,360.00, according to ZipRecruiter salary data. Most workers in this role earn between $41,400.00 and $209,700.00 per year, depending on experience, location, and employer.

What is a banking associate?

Banking Associates are entry- to mid-level professionals in banks or financial institutions who assist clients with their banking needs and support various operations, such as account management, loan processing, and customer service. They serve as the first point of contact for customers, handling inquiries, resolving issues, and ensuring compliance with regulatory requirements. Banking Associates often work alongside branch managers and other banking staff to provide seamless financial services and may also assist in sales and cross-selling of banking products.

Do banking associates need a degree?

Banking associates typically do not require a college degree, but many employers prefer candidates with a high school diploma or equivalent. Relevant skills such as customer service, attention to detail, and familiarity with banking software can be important, and some positions may offer on-the-job training or require certifications like a banking or financial services license.

What challenges do banking associates face during their first year, and how can they overcome them?

Banking Associates often encounter a steep learning curve in their first year, especially when adapting to fast-paced environments and complex financial products. They may face challenges in managing multiple client accounts, meeting strict deadlines, and mastering industry-specific software. To overcome these hurdles, it's important to proactively communicate with team members, seek mentorship from more experienced colleagues, and take advantage of training resources provided by the bank. Building strong organizational skills and staying detail-oriented will also help Banking Associates succeed and grow within the role.

What is the difference between Banking Associate vs Bank Teller?

AspectBanking AssociateBank Teller
Required CredentialsHigh school diploma or equivalent; some roles may prefer associate degreeHigh school diploma or equivalent
Work EnvironmentOffice setting, handling client accounts, administrative tasksBranch counter, direct customer service
Employer & Industry UsageCommercial banks, credit unions, financial institutionsRetail banking branches, financial institutions
Common Search & ComparisonCustomer service, banking operations, financial productsCash handling, customer transactions, account inquiries

While both roles involve customer interaction within banking, Banking Associates typically handle a broader range of financial services and administrative tasks, often requiring more specialized knowledge. Bank Tellers focus primarily on cash transactions and basic customer service at the branch counter. Understanding these differences helps job seekers identify the right role based on their skills and career goals.

What skills and qualifications are needed to be a banking associate?

To thrive as a Banking Associate, you need a solid understanding of financial products, customer service, and sales principles, often backed by a bachelor's degree in finance, business, or a related field. Familiarity with banking software, CRM systems, and compliance tools is typically required. Strong interpersonal skills, attention to detail, and problem-solving abilities set top performers apart in this role. These skills are essential for delivering excellent customer experiences, ensuring regulatory compliance, and achieving business targets within a competitive banking environment.

What level is a banking associate at a bank?

A banking associate is typically an entry-level or junior position within a bank, often requiring a high school diploma or bachelor's degree. The role involves customer service, basic banking operations, and may serve as a stepping stone to higher roles such as banking analyst or manager with experience and additional training.

What are the most commonly searched types of Banking jobs in California?

The most popular types of Banking jobs in California are:

What cities in California are hiring for Banking Associate jobs?

Cities in California with the most Banking Associate job openings:

Banking Associate jobs near you
Infographic showing various Banking Associate job openings in California as of August 2026, with employment types broken down into 1% As Needed, 71% Full Time, 25% Part Time, 2% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $139,360 per year, or $67 per hour.

Investment Banking Associate

Leerink Partners

Santa Monica, CA • Hybrid

$175K - $225K/yr

Full-time

Re-posted 16 hours ago

Job description

Job Title: Investment Banking Associate

Reports to: Head of Investment Banking

Department: Investment Banking, Medical Devices & Diagnostics

Location: Santa Monica, CA

Salary Range: $175,000-$225,000

The Investment Banking Associate will be a key member of an experienced team of investment bankers focused on healthcare companies. The successful candidate will provide support to senior bankers in executing M&A and financing transactions for clients across the life sciences tools and diagnostics vertical. This position offers direct CEO, CFO and Board level contact, as well as significant responsibility and opportunity for advancement. The ideal candidate will have previous healthcare investment banking experience at the Associate level.

Primary Duties and Responsibilities:

Serve an integral team leader in client transactions, projects, or assignments as an Investment Banking Associate.

Advise with clients and manage internal investment banking team & product teams

Assist in preparation of presentations and marketing materials (e.g. CIM, Management Presentations, etc.) for current and prospective clients

Prepare valuation analyses and other financial modeling analysis of clients and targets

Review business plans, conduct research and analyze financial statements

Review and manage due diligence process, including virtual data room preparation and counterparty Q&A

Experience and Qualifications Required:

+3 years of investment banking experience, healthcare related transactions preferred

Strong financial modeling and analytical skills, including knowledge of financial accounting

Qualified candidates with a BS or BA in finance or similar field of study and a demonstrated exemplary academic record

Outstanding written and oral communication skills

Highly motivated, energetic, personable and capable of managing multiple tasks in a dynamic, meritocratic, team-oriented work environment

Proficient in Microsoft Office

Leerink Partners is a leading investment bank providing a complete suite of financial solutions comprising M&A advisory, equity, debt, and derivative capital markets, equity research, and sales and trading capabilities. The firm's strategic focus on the healthcare industry empowers it to provide unique advice and insights to its clients. The firm is a broker-dealer registered with the United States Securities and Exchange Commission and a member of the Financial Industry Regulatory Authority.

Equal Employment Opportunity

Leerink Partners is an equal opportunity employer and is dedicated to expanding its commitments and investments to create a more diverse, equitable and inclusive company culture and innovation ecosystem. We are strongly committed to the values and policy of equal employment opportunity across our employment practices.

Actual starting base pay will be determined on skills, experience, and other non-discriminatory factors permitted by law. Total compensation may also include variable incentives, bonuses, benefits, and/or other perks, as outlined in any formal offer made.

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